UTI EQUITY TAX SAVINGS PLAN
Investment Objective
An open-ended equity fund investing a minimum of 80% in equity and equity related instruments. It aims at enabling members to avail tax rebate under Section 80C of the IT Act and provide them with the benefits of growth.
Launch Date 15th November, 1999 Fund Size Rs. 472.24 Crores Fund Manager Mrs. Swati Kulkarni NAV per unit as on December 31, 2007 Growth* / Income : Rs. 46.86 / 25.84 *Introduced w.e.f. 01.08.2005 High/Low of NAV in the month Minimum Investment Amount Growth Option : Rs. 46.86 / 43.98 Registrar Rs. 500/No. of Unit Holding Accounts
Portfolio as on December 31, 2007
Equity Reliance Industries Ltd. Larsen & Toubro Ltd. ICICI Bank Ltd Reliance Communications Ltd. Aditya Birla Nuvo Ltd. Bharat Heavy Electricals Ltd. State Bank Of India Glenmark Pharmaceuticals Ltd Century Textiles & Industries Ltd. HDFC Ltd. ITC Ltd. Bharti Airtel Ltd.
Entry Load 2.25 % Nil Exit Load Nil Nil
Mkt. Val. (Rs. Lakhs) 3,170.97 2,417.09 1,981.92 1,866.00 1,707.61 1,683.34 1,541.25 1,490.00 1,461.88 1,294.99 1,256.70 1,195.68 1,174.66 1,168.56 1,153.20 1,102.95 1,079.07 1,067.73 1,034.80 963.00 949.61 935.40 933.96 924.49 884.95 879.19 871.56 854.76 832.11 791.40 3,207.72 47223.85
% to NAV 6.71 5.12 4.20 3.95 3.62 3.56 3.26 3.16 3.10 2.74 2.66 2.53 2.49 2.47 2.44 2.34 2.29 2.26 2.19 2.04 2.01 1.98 1.98 1.96 1.87 1.86 1.85 1.81 1.76 1.68 6.79 100.00
M/s. Karvy Computershare Private Ltd. 1,70,719 Dividend declared (Record date Recent 3 dividends) 40% in September 2005 (15th September 2005) 60% in February 2006 (23rd February 2006) 20% in January 2007 (16th January 2007) Load Structure
Investment Value < Rs 2 crores >= Rs. 2 crores
Jaiprakash Associates Ltd. Hanung Toys And Textiles Ltd. Bharati Shipyard Ltd. KEC International Ltd.
Fund Performance as on December 31, 2007
Performance comparison with Benchmark Index Compounded Annualised Returns 1 Year 3 Years 5 Years Since Inception NAV (%) 50.92 37.95 44.43 28.15 BSE 100 (%) 59.74 46.05 46.26 21.26
Pantaloon Retail (India) Ltd. Reliance Energy Ltd. Sterlite Industries (India) Ltd. Praj Industries Ltd. Bharat Electronics Ltd. Tata Steel Ltd. Ranbaxy Laboratories Ltd. Crompton Greaves Ltd. Infosys Technologies Ltd. Mahindra & Mahindra Ltd. Suzlon Energy Ltd.
Assuming that all payouts during the period have been reinvested in the units of the scheme at the immediate ex-div NAV. Past performance may or may not be sustained in the future.
SIP Returns
1 year (Rs.) 3 year (Rs.) 5 year (Rs.) Investment amount 12000 36000 60000 Investment value 17064 65466 172256 Yield (%) 85.98 42.91 43.66 Note: Systematic Investment Plan (SIP) returns are worked out assuming investment of Rs.1,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into account.
Performance of ETSP vis-a-vis BSE 100
Amarraja Batteries Ltd. Jindal Saw Ltd. ISMT Ltd. Net Current Assets Total All figures given are provisional and unaudited.
Fund Positioning UTI-ETSP is positioned to invest in leading companies across sectors, with an aim to provide superior risk adjusted return i.e. return with relatively lesser volatility. The Fund would invest with a long-term perspective, in companies, that are believed to have growth potential. New Initiative SMS: LETSP to 5676756 To get scheme details & NAV Options Available SIP
Industrywise Exposure (% to NAV)
34